Power and Instrumentation (Gujarat) Ltd

Net profit of Power & Instrumentation (Gujarat) rose 21.08% to Rs 4.71 crore in the quarter ended September 2025 as against Rs 3.89 crore during the previous quarter ended September 2024. Sales rose 27.93% to Rs 70.27 crore in the quarter ended September 2025 as against Rs 54.93 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales70.2754.93 28 OPM %9.399.50 - PBDT6.445.26 22 PBT6.345.20 22 NP4.713.89 21 Powered by Capital Market - Live

Profit before tax for the second quarter of FY26 stood at Rs 6.33 crore, registering a 21.73% jump from Rs 5.20 crore in Q2 FY25. Total expenses rose by 27.74% YoY to Rs 64.56 crore in the second quarter of FY26. Purchase of stock in trade stood at Rs 65.71 crore (up 20.53% YoY) and employee benefit expense was at Rs 1.12 crore (up 17.84% YoY) during the period under review. SKF India reported a 19.8% year-on-year increase in EBITDA, which rose to Rs 7.24 crore in Q2 FY26 from Rs 6.04 crore in Q2 FY25. Padmaraj Padmnabhan Pillai, MD, Power & Instrumentation (Gujarat), said, 'We are pleased to report a good performance in Q2 & H1 FY26, reflecting the company's focus on execution excellence, operational discipline, and sustained growth across key business segments. The quarter delivered healthy improvement in both revenue and profitability, supported by a strong order inflow and efficient project management. During the period, the company secured significant orders under government-led rural electrification schemes, further reinforcing its presence in critical national infrastructure initiatives. PIGL also progressed its strategic investment in Peaton Electrical Company , which will enhance backward integration and create synergies in manufacturing and technology collaboration. Looking ahead, the company remains confident of leveraging India's continued emphasis on power distribution modernization and renewable energy expansion. With a strong order book, deep domain expertise, and a growing presence across power, infrastructure, and renewable segments, PIGL is well positioned to sustain its growth trajectory and deliver long-term value to all stakeholders.' Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment. Powered by Capital Market - Live

Power & Instrumentation (Gujarat) will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

The first order, valued at Rs 68.22 crore, is for Dungarpur Circle. The second, worth Rs 34.56 crore, is for Salumbar Circle. Both contracts involve supply, erection, installation, testing, and commissioning of distribution infrastructure. The projects will be completed in 15 months. These are PIGL's second and third consecutive orders from AVVNL under RDSS. The company said the repeat orders reflect its reliable performance in executing large power distribution projects. Established in 1975, PIGL provides EPC and electrical contracting services across India. It has completed over 35 airport projects and electrified more than one lakh rural households. On a consolidated basis, net profit of Power & Instrumentation (Gujarat) rose 40.11% to Rs 2.62 crore while net sales rose 62.15% to Rs 41.30 crore in Q1 June 2025 over Q1 June 2024. Powered by Capital Market - Live

Power & Instrumentation (Gujarat) has received work order of Rs 68.22 crore from Ajmer Vidyut Vitran Nigam for supply, erection, installation, testing and commissioning of Material/Equipment for development of distribution infrastructure work for segregation of 11 KV mixed feeders at Dungarpur Circle of Ajmer Discom of Rajasthan state under RDSS scheme on turnkey basis. Powered by Capital Market - Live

The order involves the supply, erection, installation, testing, and commissioning of materials and equipment for the development of distribution infrastructure. The project pertains to the segregation of 11 KV mixed feeders at the Dungarpur Circle of Ajmer Discom in Rajasthan, under the RDSS scheme, on a turnkey basis. The contract is awarded under tender number AVVNL/RDSS-FS/DPR/TN-162. The total value of the order is Rs 68.22 crore and the project is expected to be executed within 15 months. The company also clarified that neither its promoters nor any member of the promoter group has any interest in the awarding authority, and the transaction does not fall under the category of related party transactions as per regulatory requirements. Power & Instrumentation (Gujarat) engaged in the business of Electrical Contract Work and dealing in electrical equipment. The company's consolidated net profit jumped 40.1% to Rs 2.62 crore on 62.2% surge in revenue from operations to Rs 41.30 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live

Power & Instrumentation (Gujarat) announced that the 41st Annual General Meeting(AGM) of the company will be held on 27 September 2025.Powered by Capital Market - Live

Power & Instrumentation (Gujarat) announced that the Board of Directors of the Company at its meeting held on 2 September 2025, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 2%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Power & Instrumentation (Gujarat) has received a work order worth Rs 9.50 crore from Sadashiv Projects India for design, engineering, supply, testing for 5.00 MWP Solar Ground Mounted Including material supplies & various services at various locations in Gujarat.Powered by Capital Market - Live

Power & Instrumentation (Gujarat) will hold a meeting of the Board of Directors of the Company on 2 September 2025.Powered by Capital Market - Live